Patrick Industries (PATK) Operating Margin (2011 - 2026)
Patrick Industries (PATK) posted quarterly Operating Margin of 6.49% for Q1 2026, down 4.0% year-over-year from 6.76% in Q1 2025, and up 4.49% quarter-over-quarter from 6.21% in Q4 2025.
Patrick Industries (PATK) Operating Margin (2011 - 2026) Analysis & Trends
Patrick Industries (PATK) has reported Operating Margin for 16 consecutive years, with 6.49% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 4.0% year-over-year to 6.49%; the TTM figure through Mar 2026 stood at 6.98% (down 1.0% YoY), while the FY2025 annual figure was 6.99%, up 4.0% from the prior year.
- Operating Margin advanced to 6.49% in Q1 2026 per PATK's latest filing, from 6.21% in the prior quarter.
- Across five years, Operating Margin topped out at 12.05% in Q1 2022 and bottomed at 4.68% in Q4 2024.
- Historically, Operating Margin has averaged 7.71% across 5 years, with a median of 7.34% in 2023.
- Annual changes were most pronounced in 2022 — Operating Margin surged 400 bps — and 2023, when it slumped 580 bps.
- Patrick Industries' Operating Margin stood at 7.1% in 2022, then gained by 3 bps to 7.34% in 2023, then sank by 36 bps to 4.68% in 2024, then soared by 33 bps to 6.21% in 2025, then rose by 4 bps to 6.49% in 2026.
- Business Quant data shows PATK's Operating Margin at 6.49% in Q1 2026, 6.21% in Q4 2025, and 6.79% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.32 Bn | 409.69 Mn | 9.43% |
| 2 | Thor Industries | 4.07 Bn | 3.70 Bn | 354.77 Mn | 4.45% |
| 3 | Polaris | 3.68 Bn | 3.38 Bn | - | - |
| 4 | Harley-Davidson | 2.87 Bn | 979.19 Mn | 421.12 Mn | 6.18% |
| 5 | Patrick Industries | 2.69 Bn | 2.66 Bn | 247.58 Mn | 7.40% |
| 6 | Lci Industries | 2.53 Bn | 2.31 Bn | 301.14 Mn | 9.91% |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 8.31% |
| 8 | Winnebago Industries | 904.19 Mn | 847.09 Mn | 94.90 Mn | 3.29% |
| 9 | Malibu Boats | 546.46 Mn | 496.30 Mn | 41.28 Mn | -0.81% |
| 10 | MasterCraft Boat Holdings | 400.50 Mn | 315.88 Mn | 19.54 Mn | -1.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 7.40% |
| Mar 29, 2026 | 6.49% |
| Dec 31, 2025 | 6.21% |
| Sep 28, 2025 | 6.79% |
| Jun 29, 2025 | 8.28% |
| Mar 30, 2025 | 6.53% |
| Dec 31, 2024 | 4.68% |
| Sep 29, 2024 | 8.09% |
| Jun 30, 2024 | 8.33% |
| Mar 31, 2024 | 6.36% |
| Dec 31, 2023 | 7.34% |
| Oct 1, 2023 | 8.21% |
| Jul 2, 2023 | 8.21% |
| Apr 2, 2023 | 6.25% |
| Dec 31, 2022 | 7.10% |
| Sep 25, 2022 | 8.34% |
| Jun 26, 2022 | 11.79% |
| Mar 27, 2022 | 12.05% |
| Dec 31, 2021 | 8.25% |
| Sep 26, 2021 | 8.80% |